Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Clarus Corporation is engaged in designing, developing, manufacturing, and distributing of outdoor equipment and lifestyle products focused on the outdoor and consumer enthusiast markets. The Company operates through three segments: Outdoor, Precision Sport and Adventure. The Outdoor segment includes Black Diamond Equipment, PIEPS, and SKINourishment brands, which offer a range of products including activity-based apparel; rock-climbing footwear and equipment; technical backpacks and high-end day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skincare and other sport-enhancing products. Its Precision Sport segment includes Sierra and Barnes brands, which manufactures a range of bullets and ammunition for both rifles and pistols. The Adventure segment includes Rhino-Rack, MAXTRAX, and TRED brands. The Rhino-Rack brand is a manufacturer of engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories.
CLAR - Clarus Corp
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